Forward Financing

Bruce c. 

on BBB

4 years ago

We run small addiction medical clinic in ky needed loan to add staff. ***** caught us off guard our patients needed us . We needed the revenue Ins carriers were slower than usual . We needed telemed equipment it was getting **** our cash was low I called our creditors a couple were despicable. . Forward Finance and *** Mc Award were amazing. They immediately were like our family. Our Grandmother. If she were still alive. They worked with us so the fear of closing our ******* clinic was minimized. They still are helping us th... read more

Brian A 

on BBB

4 years ago

I applied for a loan with Forward they had me sign a contract then they did not fund I applied else where and the other place said I have a loan with Forward that's not true " 

Tim J 

on BBB

4 years ago

They charged me $499 maintenance fee on a 5000 loan. I asked them to stop payments for a week and ***** ask me to zelle him 1000 to his account and keeps telling me how he helped me by stopping payments. 1000 is exactly 5 payments so im wondering just how did he help me? They also filed a *** against me that i cant get removed. My loan has been paid for 2 mos and each month they have still charged me $499 and i have to keep calling them to reverse it. ***** told the broker that since I didnt catch the first $499 charge he co... read more

David R 

on BBB

5 years ago

I consider them a necessary Evil!This is our second go round with Forward Financing. We were satisfied with the package we finally got but not with the way the fee's were slipped in at the end.I was told a number we would have for "Cash in ****" but ended up not getting that number as they took fee's out of that number first. The other issue I have with ** is that they don't provide an Amortization Table, which drives my *** crazy, but instead call it a fee for providing funds. Not sure how we are going to show that on our b... read more

Carlos D. 

on BBB

5 years ago

Tried to make a settlement offer for my company and was refused but keep insisting on me providing bank statements which I feel is not needed for a settlement either agree on an offer or not, if i have money in the bank or not will not change the acceptance of my offer. I feel the company can do reasonable settlement offers without bank statements because they know the absorbent amount of fees they charge and what they are willing and not willing to do based on your balance. If I needed an advance I can understand the bank s... read more

DOMINIQUE B 

on BBB

5 years ago

Stay away from this company! Even during a global pandemic that forced my business to close and now has dealt with looting from the protesters, this company is NOT willing to work with me. I offered the last of my savings to settle the account because I wont be able to return to work and may have to leave the state to move with family. I cannot afford childcare, so both children would have to come with me to work and one has a heart condition. In my area, cases has risen significantly since some businesses reopened and i do ... read more

William M 

on BBB

5 years ago

Failed to live up to their legal obligations after agreeing to them in a settlement. Our company had a dispute about their original interpretation of our contract, it settled two years ago in federal court with a stipulation that they remove the UCC-1 filling they had made. Our company paid them off as agreed in our settlement and they failed to do so. Forward Financing is clearly under the impression that legal agreements go only one way and cannot be trusted. There are much less expensive options out there for merchant fin... read more

Albert M 

on BBB

6 years ago

Taking out an advance with Forward Financing has been a nightmare. They repeatedly ran the wrong account number for withdrawals and charged me fees, they ran my account unpredictably from Monday to Friday so I never knew for sure when the account would be drafted. At one point, after running the wrong account number they threatened to assess me $2500 for closing the account. Worst mistake I ever made was getting an advance from them. They blacklisted me in the process due to them running the wrong account. They continued to ... read more

Matthew H 

on BBB

7 years ago

This place is so poorly ran. No customer service. Ask for a pause, they just keep billing even if they agree to stopping. They never know whats going on when you call in. Avoid this place at all cost. Your better off going out of business then taking money from these guys.